Trade deficit in India shrinks to 11-month low in March, as gold import more than halves
NEW DELHI : India’s trade deficit narrowed to $15.6 billion in March, a 11-month low, owing to a sharp fall in merchandise imports. The deficit figure stood at
Türkiye’s share in global exports hits record level in 2023
ANKARA : In 2023, Türkiye’s exports stood at $256 billion, rising from $254.2 billion in 2022, according to the official data from the Turkish Statistical Institute (TÜİK). The
MoCI may look for extension of interest equalisation for exporters
NEW DELHI : The Commerce Ministry(MoCI) is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years
China remains top merchandise exporter in 2023 for 7th straight year
BEIJING : China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as
Citroën becomes the first multinational carmaker to export Made-in-India EVs from India
CHENNAI : French carmaker Citroën became the first multinational car manufacturer in India to export domestically made electric vehicles to the international market. The company on Thursday announced
Automobile exports recover in Q4 riding robust two-wheeler shipments
NEW DELHI : Exports of two-wheelers and three-wheelers, which account for nearly 85% of all automotive shipments from India in terms of volumes, showed clear signs of a
Port of Klaipeda makes history with inaugural ship-to-ship LNG bunkering operation
LITHUANIA : The Port of Klaipeda achieved a historic milestone with the successful completion of its first ship-to-ship LNG bunkering operation. On 9 April, the LNG tanker “Avenir
MSAMB targets to export 5,000 tonnes of mangoes to US & Europe
MUMBAI : The Maharashtra State Agricultural Marketing Board (MSAMB) has set a target of processing and exporting 5,000 tonnes of mangoes from its facilities this season. Sanjay Kadam,
Hapag-Lloyd containership receives largest STS LBM Delivery to Date
ROTTERDAM : STX Group, a global leader in environmental commodities trading and climate solutions, and Titan Clean Fuels, a leading supplier of liquefied natural gas (LNG) and liquefied
Chittagong Port urges cargo recovery to ease operation
CHATTOGRAM : Chittagong Port Authority (CPA) continues to struggle with operational disruptions caused by significant influx of containers and cargo, it has issued an urgent appeal to businesses